Scottish American Investment (LON:SAIN) Reaches New 12-Month High – What’s Next?

The Scottish American Investment Company P.L.C. (LON:SAINGet Free Report) hit a new 52-week high on Monday . The stock traded as high as GBX 561 and last traded at GBX 560.41, with a volume of 317319 shares. The stock had previously closed at GBX 554.39.

Scottish American Investment Trading Up 1.4%

The stock has a market cap of £836.35 million, a PE ratio of 53.42 and a beta of 0.95. The company has a fifty day moving average of GBX 544.67 and a 200-day moving average of GBX 527.37.

Scottish American Investment (LON:SAINGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 10.01 earnings per share (EPS) for the quarter. Scottish American Investment had a net margin of 88.06% and a return on equity of 6.08%.

Scottish American Investment Company Profile

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The Trust aims to be a core investment for private investors seeking income. Its objective is to grow the dividend at a faster rate than inflation by increasing capital and growing income. The focus of the portfolio is on global equities but investments are also made in bonds, property and other asset types. The equity portfolio is managed on a global basis and usually consists of between 50–100 stocks. In constructing the portfolio, little regard is paid to the composition of the equity indices.

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